Nebulizer Market: Global Size, Trends, Competitive, and Historical & Forecast Analysis, 2015-2025 – Increased prevalence of respiratory disorders and increase in disposable income and patient awareness are the key drivers for Global Nebulizer Market.
Nebulizer Market is valued around USD 863.58 Million in 2018 and expected to reach USD 1315.75 Million by 2025 with the CAGR of 6.2% over the forecast period.
Nebulizer is a medical device which is used for the treatment of respiratory disorders such COPD, asthma and others. These devices convert the liquid drug into mist or aerosols helps in the respiration. It helps in the treatment of respiratory passage inflammation caused by pollutants and others materials. Inhaled pharmacologic therapy is a cornerstone of treatment for patients with COPD and asthma. There are several types of nebulizers are available in the market according to the applications. The global nebulizer market is witnessing an optimistic growth owing increase in prevalence of respiratory disorders around the world. So, during the study of global nebulizer market, we have considered nebulizer product type and end use to analyze the market.
Global nebulizer market report is segmented on the basis of product type, end- user and by region & country level. Based upon product type, global nebulizer market is classified as pneumatic nebulizer, ultrasonic nebulizer and mesh nebulizer. Based upon end-user, global nebulizer market is classified as home, hospital and physician/clinic.
The regions covered in this nebulizer market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Nebulizer is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players for Global Nebulizer Market Reports–
Global nebulizer market report covers prominent players like DeVillbiss Healthcare, GE Healthcare, Becton Dickinson, Philips Healthcare, Omron Healthcare Inc, PARI Respiratory Equipment, Allied Healthcare Products, Aerogen, Medtronics PLC, PARI GmbH and others.
Increase in the Prevalence of Respiratory Disorders and Increase in the Introduction of Cost Effective and Portable Nebulizers
The commercialization and growth of global Nebulizer market over the past 25 years has been highly impactful. One of the major factors driving the growth of nebulizers market over the forecast period is increased prevalence of respiratory diseases due to the congenital, habitual and environmental reasons. COPD is third leading cause of death around the world. According to WHO (World Health Organization) more than 65 million people suffer from chronic obstructive pulmonary disease (COPD) and nearly 3 million die from it each year. Also about 334 million people suffer from asthma affecting nearly 14 percent of children around the world. Moreover, due to the constant introduction of various cost effective and portable nebulizers by the technological companies is also one of the growth driving factor in this market. All the above mentioned factors are expected to support the growth of global nebulizer market over the forecast period.
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North America is Expected to Dominate the Nebulizer Market
North America dominates the global nebulizer market with highest market share due to the presence of major market players in the region, increased awareness and acceptance to novel technology and reimbursement. Europe is expected to be the second largest growing region over the forecast period owing to the increased prevalence of respiratory diseases coupled with environmental conditions. Asia Pacific is the third largest and fastest growing region over the forecast period owing to the large population base, increased healthcare expenditure and presence of significant number of patients suffering from pulmonary diseases.
Key Benefits for Global Nebulizer Market Reports –
- Global market report covers in depth historical and forecast analysis.
- Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
- Global market report helps to identify opportunities in market place.
- Global market report covers extensive analysis of emerging trends and competitive landscape.
Nebulizer Market Segmentation –
By Product Type
- Pneumatic Nebulizer
- Ultrasonic Nebulizer
- Mesh Nebulizer